Paxos Standard Is Ready To Move 40% or up to 112%Paxos Standard (PAXBTC) is now showing multiple bullish signals and a clear bullish breakout is about to take place.
Let's start by looking at the chart patterns and signals.
1) We have the "Cup pattern", which is bullish in nature.
2) We also have the "3 Heads pattern" which is also known as "Inverse Head & Shoulders", also bullish.
For the chart signals...
1) Prices recently conquered EMA10 and now moving above EMA50 (big bold magenta line).
2) Bullish divergence with indicators.
3) Increasing green volume with a bullish MACD.
4) RSI Trending up strong.
All these are pointing up.
If Bitcoin continues to drop, Paxos Standard will continue to move up and vice versa.
This is not financial advice.
Remember to always diversify between exchanges, pairs, and trading types to reduce risks and maximize profits.
Always take your time before jumping into any trade/pair, there are always more and more opportunities developing.
We saw many really strong opportunities just a few months ago...
We can literally forget those since many new opportunities are now showing up.
When one door closes, another one opens up with the contents in it better than before.
Remember to hit LIKE to show your support.
Namaste.
Alanmasters
Ethereum Breaks Below EMA10, Aims At $370 Followed by $320...Ethereum (ETHUSD) moves back to follow Bitcoin (BTCUSD).
On the last move, ETHUSD went on to post a higher high while Bitcoin printed a lower high...
The chart for Bitcoin was clearly bearish but Ethereum instead looked like the bulls had won.
Now we have prices breaking below EMA10 on increasing volume and momentum building upon the drop.
Bearish divergence is also visible with the MACD and RSI.
The next target is sitting at $370 or EMA50 and likely to go lower if ETHUSD continues to follow Bitcoin.
After $370, we have $321 or EMA100 as the main support.
Here is the Bitcoin chart... Let me know your thoughts in the comments section below.
Conditions for change
Moving and close above EMA10 can signal the potential for additional growth... If we stay below the bearish bias becomes dominant in this setup for the reasons/signals mentioned above.
Namaste.
LTO Uptrend Confirmed, New HighLTO Network (LTOBTC) just hit a new high surpassing the peak hit back in March 2020...
It took this pair 5 months to print a new high.
[* Even on a weak close today, we can expect further growth from LTOBTC.
If the day closes strong, we can aim straight to our next target, which is marked on the target.
This is a very strong/solid set up.
Prices are growing slowly but steadily with plenty of room still available for additional growth.
This will be another big one.
Namaste.
TRON Gains Momentum (New Long-Term Targets, 185% Or More)TRON (TRXBTC) is finally moving and just as I told you...
Once it starts to go, it goes and it goes strong and for long.
Here I am sharing new long-term targets with you...
We are looking at the weekly timeframe.
The next target is sitting at 0.00000399 weekly.
We also have 185% potential long-term and up to 280% based on Fibonacci proportions, you can find the additional targets by scrolling up the chart.
This is all shared for learning and/or entertainment purposes only.
You need a well-developed plan/strategy, and your own research, before you trade.
This is not financial advice.
Thanks a lot for reading.
Namaste.
TRON (TRX) Has Lots Of Room For Growth (Next Target Mapped)TRON (TRXBTC) is now trading above some major EMAs and has plenty of room available for growth.
With prices trading above EMA200 and MA200, the green arrows marked on the chart can easily be followed.
We can see the MACD curving and starting to print a bullish cross, this while staying above the zero line.
The RSI is now sitting at 62 which is very strong.
This pair can easily grow from here for days or weeks... Patience is key.
Previous chart with long-term targets...
TRON Goes For 375%, 760% Followed by 1030%+ | June 7
Remember to hit LIKE.
Namaste.
Bearish Bitcoin Confirmed! ($9600 Next?) Altcoins?We are looking at a potential head & shoulders pattern which together with other signals confirms a bearish Bitcoin.
Right now we have prices moving below EMA10 for BTCUSD on increasing volume.
The MACD has been trending lower and lower giving out multiple signals in the form of bearish divergence.
The RSI is trending down strong.
All these signals add up to the candlestick printed on the 2nd August, which told us that a reversal was close to come.
So get ready... You've been warned...
Bitcoin is likely to go lower.
How will this affect the altcoins market in general?
The altcoins market will continue to grow.
The TOP10 can/have their own cycle but the altcoins market in general, ALTSBTC, continues to look strong and very likely to print more and more growth.
Focus on the altcoins.
Namaste.
Previous article Aug. 13 | Bitcoin Weekly Showing The First Signs of Retrace to $10204...
Quantstamp With Over 111% Potential Profits MappedWe are now taking a closer look at QSPBTC (Quantstamp), which has been growing steadily since hitting a low in 28-Jan.
This same low hit in late Jan. was also hit back in Aug. '19 giving us a "double bottom".
With prices moving pass EMA50 (magenta line) on increasing volume, this signals that Quantstamp is ready to grow.
The RSI is really strong and we are looking at a 3D (3 days per candle) chart, so the signals here are stronger than the daily (D) timeframe which we normally use.
The MACD is also looking good.
All the signals are in... The targets are clearly marked on the chart.
Easy...
Buy, wait patiently, sell on target to collect profits, be thankful/grateful and move on.
This is not financial advice.
Thanks a lot for reading.
Namaste.
When The Action Is Already On, Focus On The Long-Term QSP|2000%+Below you have the chart for Quantstamp (QSPBTC) on the daily timeframe after a 250% bullish run:
Once prices start to move, how to know if there is additional potential for growth?
Zoom out.
Raise your time frame...
Let's see how it goes!
Here we have QSPBTC on the weekly timeframe:
Looking at it now, we can see that the 250% bullish run is only the beginning and also notice the huge potential still left available for growth.
From the current price to the All-Time High, we have 1900%+.
As you can see... Looking at the long-term chart can give you a better idea as to what might come next when the action is already strong in shorter timeframes.
Thanks a lot for reading.
Namaste.
Ubiq Has More To Offer | 3453% To ATH + Long-Term TargetsWhen we look at Ubiq (UBQBTC) on the daily timeframe we can appreciate massive growth, up to 300% since the low in Sept. '19 was hit to today's peak price.
But once we step back/zoom out... We can appreciate how early it is in the altcoins market bull cycle... Let's have a look together.
Notice the chart above, this is the full UBQBTC chart since it was added to Bittrex back in February 2017, when this altcoin pair had its bull run.
Now, after years of bear action/red we are starting to see prices grow.
EMA10 and EMA50 have been conquered and we have plenty of room left available for more.
I've mapped up to 3453% potential profits to the All-Time High... Additional targets can be found on the chart.
Namaste.
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Jan 10 | Ubiq (UBQ) Is Preparing For Action | Easy 100% Target
(hit play)
Genesis Vision (GVT) Next Target Mapped | Ascending ChannelGenesis Vision (GVTBTC) is now strongly bullish and moving within an ascending channel.
Prices are being supported by EMA10, which signals strength.
The bulls have the upper hand in this setup.
The next target (60%+) is marked on the chart.
Namaste.
Ethereum Aims at $600 Next? See it here...Ethereum (ETHUSD) has been on a very strong run and is now aiming at $600+ based on my fib. numbers.
We have immediate resistance at $484 followed by $538.
Looking at the momentum and the strong bullishness the market is experiencing, we are looking to see $600 soon.
Conditions for change
If prices break and close below EMA10 the bullish bias loses momentum and there can be a drop.
Any trading above EMA10 we remain strongly bullish on Ethereum (ETHUSD).
Remember to hit LIKE for more.
Namaste.
SONM Weekly Chart (222% Mapped)This is the long-term chart for SONMBTC, we are looking at some of the main targets mid-term.
The price for SNMBTC moved above 0.00000092 which is marked here by EMA10.
A weekly close (tomorrow) above this level confirms this level being conquered.
With prices trading above EMA10, the door is open for additional growth.
The past four weeks have been green, we are looking at strong consolidation for this coin.
The Fib. levels on the chart can be used as targets... We've marked up to 222%+... The potential is so much bigger, this is only a portion of the chart.
Namaste.
EOS Token... The Next Move!We got the last move for EOSBTC... Here we go again.
As you see MA200 (black line) trending down, prices tend to go up... This is one signal.
We also have prices for EOSBTC moving back above EMA50.
The RSI is strong above 50 and we also have a higher low.
The next move for EOS goes up.
Namaste.
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Remember to have a plan before you trade and also use a stop-loss.
This is not financial advice.
Do your own research.
FunFair (FUN) Trying To Break Up, Trading Above ResistanceFunFair (FUNBTC) is now trading above MA200, which we know opens the door for fast/strong growth.
Just recently prices also moved above EMA10 and EMA50, signaling additional strength short-term.
Consolidation (light blue) has been taking place since May while we continue to see higher lows.
The next move is likely to be a higher high and hit up to 85 satoshis in just a few strong candles.
Remember that patience is key to win trading.
Always take your time and give time for the charts to develop.
Namaste.
Token Club Token (TCT) Falling Wedge PatternToken Club Token (TCTBTC) is showing the classic falling wedge pattern after a strong bullish move... This pattern is bullish in nature.
As shown by the green arrow, this can lead to a jump next.
We also have the MACD and RSI starting to curve and low volume when breaking below MA200, signaling that this was only a correction rather than a down move.
TCTBTC can easily resume its uptrend soon.
Conditions for change
If prices move and close below 0.00000065, the above pattern is invalidated. A new analysis would be needed.
Thanks a lot for reading.
Namaste.
TRON (TRX) Starts To Move | Next Target, Easy Hit!TRON (TRXBTC) has been under-performing for years compared to other altcoins... So it will move big once it starts to go.
I shared for you multiple charts, many reminders with targets... And today we are starting to see momentum build up.
Here is the next target for you mapped short-term.
We have strong volume coming in with bullish indicators (MACD and RSI).
The entire altcoins market is looking really hot and continues to grow. It has been growing for months and the charts are saying that it will keep on growing for years to come.
Namaste.
Bitcoin Diamond Has More To Come (100%+ Final Call)I told you about Bitcoin Diamond (BCDBTC) recently... Here is a friendly reminder.
BCDBTC just broke out of falling wedge and printed high volume when moving above EMA10.
Prices fell below EMA50/EMA100 just to come back up with force...
This is only the beginning, Bitcoin Diamond can do much more.
We can easily see 100%+.
Namaste.
Compound (COMP) Support & Resistance Levels MappedWe looked at Compound (COMPBTC) right before a very strong bullish move... We hit it perfect and now we get another wave.
COMPBTC is looking really strong after 4 consecutive green candles.
Prices are trading above EMA50 and aiming to challenge the last peak.
We have strongly bullish indicators and multiple bullish signals... COMPBTC can continue growing.
The next targets, as well as support levels, are marked on the chart.
Namaste.
MDT Growing... Next Target MappedMDTBTC is having a breakout as I write this... There is room for more.
Right now we have a very strong green candle breaking above EMA10 on high volume.
We also have an uptrend with higher lows and a higher high hit today compared to July.
For your convenience, the next target is marked on the chart.
This is not financial advice.
Namaste.
Cardano (ADA) Falling Wedge, Bounce Coming?Cardano (ADABTC) is now breaking out of a falling wedge, a classic bullish pattern.
Prices can easily continue higher now that ADABTC is back above EMA10 and EMA50, daily candle closure is needed for confirmation.
On the retrace, support was found around the 0.618 Fib. retracement level, usually a very strong level for a reversal to take place.
We stay bullish above EMA100/EMA10.
Remember to build your own plan before you trade.
Do your own research.
Namaste.
NEM (XEM) Is Breaking Out Now... (Very Easy 37%, 145% & Beyond)Here we are looking at XEMBTC which is showing a strong breakout on increasing volume...
The next target is sitting at 37% for the current price... This is another easy target just as we saw with DLTBTC.
Prices are now moving above EMA200/MA200 which opens the door for additional massive growth.
If you zoom out, you can find additional targets starting with 145%+.
This is not financial advice.
Thanks a lot for your support.
Namaste.
Crypto.com Boom? This Is What I Am Feeling...Crypto.com (CROBTC) tested EMA50 as support after a very easy retrace.
This pair, CROBTC, has been growing massively in the past few months, so it would be normal to expect a strong correction after such growth.
Right now we don't see much momentum going to the bears' side...
It looks like CROBTC can resume straight up after testing and confirming EMA50 as support.
Seeing how the candles are stacking together, one green candle next to the other, this can lead to a strong jump in prices when we see this type of consolidation taking place.
I am betting CROBTC will jump...
Let's see how it goes.
This is not financial advice.
Namaste.
DigiByte (DGB) Strongly Bullish, Out Of Consolidation TriangleDigiByte (DGBBTC) is out of the consolidation triangle and is looking strongly bullish.
After prices peaked 6-May, DigiByte remained really strong.
The classic retrace hit a low 21-May and after this date, we've only seen higher lows.
Printing slow but steady growth, which is a signal of strength, DGBBTC moved back above all EMAs and is now aiming to break the last high.
With a very strong RSI... The next move can be equally strong... The next target is marked on the chart.
Namaste.